Price seems a bit over extended with signs of a possible short term retrace.
On a lower time frame, market structure is bullish.
Entry at around $183.5
Stop loss at $181
First take profit at previous high
On a lower time frame, market structure is bullish.
Entry at around $183.5
Stop loss at $181
First take profit at previous high
Trade closed: stop reached
stop hit, small loss np...Short term of course we could have a temporary bounce but from a macro perspective, a bigger retrace might be incoming.
Anything sub $150 is a buy for long term holders.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.